There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/20/2011)

Amends the Internal Revenue Code to make permanent and increase the alternative minimum tax (AMT) exemption amount to $100,000 for married couples filing a joint tax return and surviving spouses and to $75,000 for unmarried individuals. Adjusts such increased exemption amounts for inflation in taxable years beginning after 2012.